Common use of Transfers and Other Liens Clause in Contracts

Transfers and Other Liens. No Grantor shall (a) Dispose of any of the Collateral, except as permitted under the Credit Agreement and the other Loan Documents, or (b) create or permit to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liens.

Appears in 6 contracts

Samples: Amended and Restated Security Agreement (Texas Industries Inc), Credit Agreement (Chaparral Steel CO), Credit Agreement (Chaparral Steel CO)

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Transfers and Other Liens. No Grantor shall (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liensthe security interest created by this Agreement and except those permitted by Section 7.2.3 of the Credit Agreement.

Appears in 6 contracts

Samples: Security Agreement (CatchMark Timber Trust, Inc.), Recognition Agreement (Wells Timberland REIT, Inc.), Security Agreement (Wells Timberland REIT, Inc.)

Transfers and Other Liens. No Grantor shall shall: (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as specifically permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the CollateralCollateral to secure Debt of any Person or entity, except for Permitted Liensthe security interest created by this Security Agreement and except for Liens specifically permitted by the Credit Agreement.

Appears in 6 contracts

Samples: Credit Agreement (Hi-Crush Partners LP), Credit Agreement (Hi-Crush Partners LP), Guaranty Agreement (Hi-Crush Partners LP)

Transfers and Other Liens. No The Grantor shall not, without the consent of the Lender, (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under the Credit Agreement and the other Loan Documents, or (b) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, Collateral except for Permitted Liensthe pledge, assignment and security interest created by this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Fuller Max L), Financial Assets Security Agreement (Nordhagen Arlen Dale), Financial Assets Security Agreement (Patel Gautam)

Transfers and Other Liens. No The Grantor shall not (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liensthe security interest created by this Agreement.

Appears in 3 contracts

Samples: Security Agreement (CatchMark Timber Trust, Inc.), Security Agreement (Wells Timberland REIT, Inc.), Security Agreement (CatchMark Timber Trust, Inc.)

Transfers and Other Liens. No Grantor shall (a) Dispose sell, assign (by operation of Applicable Law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liens.

Appears in 3 contracts

Samples: Credit Agreement (Elcor Corp), Credit Agreement (Compusa Inc), Security Agreement (Compusa Inc)

Transfers and Other Liens. No Grantor shall may (ai) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under the Credit Agreement and the other Loan Documents, or (bii) create or permit to exist any Lien lien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral, except for Permitted Liensthe security interest under this Agreement and Liens permitted by the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Asbury Automotive Group Inc), Security Agreement (Asbury Automotive Group Inc)

Transfers and Other Liens. No Grantor shall may (ai) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under the Credit Agreement and the other Loan Documents, or (bii) create or permit to exist any Lien lien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral, except for Permitted Liensthe security interest under this Agreement.

Appears in 2 contracts

Samples: Security Agreement (Hometown Auto Retailers Inc), Security Agreement (Hometown Auto Retailers Inc)

Transfers and Other Liens. No Each Grantor shall not (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, except for the security interest created by this Agreement and except for Permitted LiensExceptions.

Appears in 2 contracts

Samples: Security Agreement (Adcare Health Systems, Inc), Security Agreement (Adcare Health Systems, Inc)

Transfers and Other Liens. No Grantor shall shall: (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as specifically permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the CollateralCollateral to secure Debt of any Person or entity, except for Permitted Liensthe security interest created by this Security Agreement and except for Liens and other charges or encumbrances specifically permitted by the Credit Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Flotek Industries Inc/Cn/), Credit Agreement (Flotek Industries Inc/Cn/)

Transfers and Other Liens. No The Grantor shall not (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liensthe security interest created by this Agreement and the first priority security interest in favor of the Subordinated Administrative Agent.

Appears in 2 contracts

Samples: Equity Raise Account Security Agreement (Wells Timberland REIT, Inc.), Recognition Agreement (Wells Timberland REIT, Inc.)

Transfers and Other Liens. No Grantor shall (a) Dispose of any of the Collateral, except Except as otherwise permitted under the Credit Agreement and Agreement, no Grantor shall (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the other Loan DocumentsCollateral except to the extent permitted under the Credit Agreement, or (bii) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, Collateral of such Grantor except for Permitted Liensthe pledge, assignment and security interest created under this Agreement and other Liens permitted under the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Mirion Technologies, Inc.), Credit Agreement (Mirion Technologies, Inc.)

Transfers and Other Liens. No Grantor shall (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liensthe security interest created by this Agreement and except as permitted by Section 7.2.3 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)

Transfers and Other Liens. No Grantor shall not: (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted under the Credit Agreement and the other Loan Documents, ; or (b) create or permit suffer to exist any Lien lien or other charge or encumbrance upon or with respect to any of the CollateralCollateral to secure indebtedness of any Person or entity, except for Permitted Liensthe security interest created by this Pledge Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Quest Patent Research Corp), Pledge and Security Agreement (Quest Patent Research Corp)

Transfers and Other Liens. No Each Grantor shall not (a) Dispose sell, assign (by operation of Law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under the Credit Agreement and the other Loan Documents, or (b) create or permit to exist any Lien Lien, option, or other charge or encumbrance upon or with respect to any of the Collateral, except for Permitted Liensthe security interest under this Agreement (and except as provided for in the Credit Agreement and Collateral Documents).

Appears in 1 contract

Samples: Security Agreement (United States Lime & Minerals Inc)

Transfers and Other Liens. No Grantor shall shall: (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as specifically permitted under by the Credit Agreement and the other Loan Indenture or any Senior Obligations Governing Documents, or (b) create or permit suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the CollateralCollateral to secure Debt of any Person or entity, except for the security interest created by this Security Agreement and except for Permitted Liens.

Appears in 1 contract

Samples: Junior Lien Pledge and Security Agreement (Flotek Industries Inc/Cn/)

Transfers and Other Liens. No Grantor shall shall: (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as permitted under by the First Lien Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the CollateralCollateral to secure Indebtedness of any Person or entity, except for Permitted Liensthe security interest created by this Security Agreement and the other Loan Documents and except for Liens and other charges or encumbrances specifically permitted by the First Lien Credit Agreement.

Appears in 1 contract

Samples: Assumption Agreement (Energy XXI Gulf Coast, Inc.)

Transfers and Other Liens. No Each Grantor shall not: (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as specifically permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the CollateralCollateral to secure Obligations of any Person or entity, except for Permitted Liensthe security interest created by this Security Agreement and except for Liens and other charges or encumbrances specifically permitted by the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Constellation Energy Partners LLC)

Transfers and Other Liens. No Grantor shall (a) Dispose sell, assign (by operation of Applicable Law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under the Credit Agreement and the other Loan DocumentsNote Purchase Agreements, or (b) create or permit to exist any Lien security interest upon or with respect to any of the Collateral, except for Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Hastings Entertainment Inc)

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Transfers and Other Liens. No The Grantor shall not: (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as specifically permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the CollateralCollateral to secure Debt of any person or entity, except for Permitted Liensthe security interest created by this Security Agreement and except for Liens specifically permitted by the Loan Agreement.

Appears in 1 contract

Samples: Security Agreement (Great Lakes Aviation LTD)

Transfers and Other Liens. No Except as permitted by the Credit Agreement, no Grantor shall (a) Dispose sell, assign (by operation of Law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under Collateral (other than in the Credit Agreement and the other Loan Documentsordinary course of business), or (b) create or permit to exist any Lien Lien, option, or other charge or encumbrance upon or with respect to any of the Collateral, except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (BG Staffing, Inc.)

Transfers and Other Liens. No Grantor shall (a) Dispose of any of the Collateral, except Except as otherwise permitted under the Credit Agreement and not prohibited by any Additional First Lien Agreement, no Grantor shall (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the other Loan DocumentsCollateral, or (bii) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Marina District Development Company, LLC)

Transfers and Other Liens. No Grantor shall (a) Dispose sell, assign (by operation of Applicable Law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except for sales and dispositions in the ordinary course of business and except for any sales and dispositions other than in the ordinary course of business as permitted under the Credit Agreement and the other Loan DocumentsNote Purchase Agreements, or (b) create or permit to exist any Lien security interest upon or with respect to any of the Collateral, except for Permitted Liens.

Appears in 1 contract

Samples: Security Agreement (Butler Manufacturing Co)

Transfers and Other Liens. No The Grantor shall not: sell, assign (aby operation of law or otherwise) Dispose or otherwise dispose of any of the Collateral, except as may be permitted under by the Credit Agreement and the other Loan Documents, Agreement; or (b) create or permit suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the Collateral, except for Permitted Liensthe security interest created by this Security Agreement and except as permitted by the Credit Agreement, including the cure periods set forth therein.

Appears in 1 contract

Samples: Borrower Copyright Security Agreement (Titan Corp)

Transfers and Other Liens. No The Grantor shall not (a1) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as permitted under Inventory in the Credit Agreement and the other Loan Documentsordinary course of business, or (b2) create or permit to exist any Lien Lien, security interest, option or other charge or encumbrance upon or with respect to any of the Collateral, except for Permitted Liensthe security interest created under this Agreement or any such Lien or encumbrance permitted by the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Microdyne Corp)

Transfers and Other Liens. No Grantor shall (ai) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral, except as expressly permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (bii) create or permit to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liens. The inclusion of Proceeds in the Collateral shall not be deemed to constitute Agent’s consent to any sale or other disposition of any of the Collateral except as expressly permitted in this Agreement or the other Loan Documents.

Appears in 1 contract

Samples: Trademark Security Agreement (Advent Software Inc /De/)

Transfers and Other Liens. No Grantor shall (a) Dispose of any of the Collateral, except as permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liensthe security interest created by this Agreement and except those permitted by Section 7.2.3 of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (CatchMark Timber Trust, Inc.)

Transfers and Other Liens. No Grantor shall shall: (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the CollateralCollateral to secure Debt of any Person or entity, except for Permitted Liensthe security interest created by this Security Agreement and except for Liens permitted by the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Heckmann Corp)

Transfers and Other Liens. No Except in accordance with the Credit Agreement, no Grantor shall (ai) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, Collateral or (ii) except as permitted under for the Credit security interest created by this Agreement and or the other Loan DocumentsDocuments in favor of Secured Party and other Liens permitted by the Credit Agreement, or (b) create or permit suffer to exist any Lien upon or with respect to any of the Collateral, except for Permitted Liens.

Appears in 1 contract

Samples: Pledge and Security Agreement (Fruehauf Trailer Corp)

Transfers and Other Liens. No Other than as permitted by the Credit Agreement, no Grantor shall (ai) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except as permitted under the Credit Agreement and the other Loan Documents, Collateral or (bii) except for Permitted Liens, create or permit suffer to exist any Lien upon or with respect to any of the Collateral, except for Permitted LiensCollateral to secure the indebtedness or other obligations of any Person or entity.

Appears in 1 contract

Samples: Pledge and Security Agreement (Regent Communications Inc)

Transfers and Other Liens. No Grantor shall shall: (a) Dispose sell, assign (by operation of law or otherwise) or otherwise dispose of any of the Collateral, except Inventory in the ordinary course of business or as specifically permitted under by the Credit Agreement and the other Loan DocumentsAgreement, or (b) create or permit suffer to exist any Lien or other charge or encumbrance upon or with respect to any of the CollateralCollateral to secure Debt of any Person or entity, except for the security interest created by this Security Agreement and except for Permitted Liens.

Appears in 1 contract

Samples: Pledge and Security Agreement (Flotek Industries Inc/Cn/)

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